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- Is Real Estate a commodity???Originally Posted by dushyant
Rajeev Talwar, Group Executive Director, DLF, told The Hindu, “Nationally, there is unlikely to be a let up in prices. On the one hand, there is good demand and a shortage of supply. On the other, there have been fiscal measures to curb inflation and by encouraging only genuine equity coming in. But new measures must be explored and for starters, there must be new ground rules for private players to buy, develop and sell land, although subject to some norms. Civic infrastructure development must be viewed as a business opportunity. In any scenario, companies with land banks will continue to command a premium.”
Source: The Hindu
Well, I wonder whether we should apply the demand and supply theory on real estate or not. Can we treat real estate as commodity???
What do you say..?CommentQuote0Flag